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$STX said it lifted 4Q16 revenue guidance to about $2.65Bil from prior forecast of about $2.3Bil, and non-GAAP gross margin outlook to about 25.8% from prior estimate of 23%. The difference in forecast of revenue was driven by better than expected demand for HDD product portfolio. Non-GAAP operating expenses are still expected to be about $440MM.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.